Job Description

Are you a problem solver looking for a hands-on internship position with a market-leading company that will help develop your career and reward you intellectually and professionally?Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY22 and approximately 25,000 people globally working alongside 125,000 global customers, ADI ensures todays innovators stay Ahead of Whats Possible.At ADI, you will learn from the brightest minds who are here to help you grow and succeed. During your internship, you will make an impact through work on meaningful projects alongside a team of experts. Collaborating with colleagues in an environment of respect and responsibility, you will create connections that will become a part of your professional network.ADIs culture values aligned goals, work-life balance, continuous and life-long learning opportunities, and shared rewards. The internship program features various lunch-and-learn topics and social events with other interns and full-time employees.At ADI, our goal is to develop our interns so they are the first to be considered for full-time roles.Apply now for the opportunity to grow your career and help innovate ahead of whats possible.Overview:The IT Asset Management oversees the life-cycle management of all information technology assets including acquisition, inventory tracking, auditing, and compliance. Establishes, maintains, and enforces asset management procedures and standards across business units. The position will enable IT governance, collaborate with IT stakeholders to improve management of assets, and create a sustainable IT asset management framework (ITAM) framework.Role:

• Development, planning and oversight for the IT asset and lease management programs.
• Responsible for maintaining core ITAM/ITSM financial records, and preparing financial reports for review with IT leadership, and Finance committees that monitor the cost centre records for integrity of Analog Device financial information: Task including not limited to: amortizations, accruals, forecast, balance sheet, chargebacks, expenditures, allocations, and Invoicing (Reconciliation, Contract Renewals and term reviews)
• Design and implement processes and procedures for tracking and analysing technical and financial data of company hardware, and software, from requisition through retirement.
• Perform maintenance and/or development of tracking systems for hardware and software acquisition and related services.
• Coordinate hardware disposal efforts: partners with IT Support, Finance, and Procurement to ensure asset and lease management controls support asset management.
• Manage asset data such as hardware serial numbers for the configuration management database (CMDB/ITAM) and ensure information is up-to-date, accurate, and auditable.
• Generate asset and lease tracking reports as needed by IT leadership for planning and budgeting purpose.
• Manage and track of software license assigned to end users, reviewing, and managing IT resource volume and expenditures against purchase agreements.

Qualifications:

• Bachelor's degree in IT, Computer science, Business Administration, Management Information Systems, or any Masters in related fields.

Responsibilities:

• Assist in engagement with sourcing, procurement, and vendor management teams.
• Collaborate with business stakeholders and operational IT staff.
• Support IT asset management professionals in delivering ITAM capabilities and enhancing business outcomes.
• Assistance in the interpretation of contracts related to digital technology, including license and maintenance agreements.

Requirements:

• Proficiency in Microsoft Power BI tools and Excel for data comparison and consolidation.
• Basic understanding of software license assignment, compliance, auditing, and asset management.
• Familiarity with asset management software and inventory-tracking systems.
• Knowledge of IT contract management, purchasing, and procurement processes.
• Understanding of accounting, finance, asset management, and lease management principles.
• Awareness of technology asset life cycles and governance best practices.
• Interest in IT policy, process, and procedure development and implementation.

An added benefit if you possess the following expertise.

• Knowledge in IT policy, process, and procedure development and implementation.
• Good understanding in ITIL, ServiceNow, Active Directory or similar tools.
• Knowledge in publisher software licensing agreements, and publisher audits request to maintain compliance.
• Ability in automating manual asset management and procurement procedures.

For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, applicants for this position - except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) - may have to go through an export licensing review process.Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.Job Req Type: Internship/CooperativeRequired Travel: No

Analog Devices